riddick09 Posted November 21, 2011 Share Posted November 21, 2011 Hopefully i can come up with my own strategy and not the strategy to others. Before i really ask them which the best strategy or the best way to have profit but when i apply it in demo seems i feel uncomfortable and not give profits. Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted November 27, 2011 Share Posted November 27, 2011 Its good to start in demo. In this way you can practice what you learn in forex trading without risking any real money. after you develop your self confidence then its time for you to do some trading. In this way you will earn not only money but also experience. And in a year or two you will get lots of opportunity and I'm sure you will be earning good. Yeah it would be good and safe as well to spend some time on demo account before exposing your capital to forex risk. Even i would suggest to spend middle time after demo before real on cents account so you learn on real account with minimum risk. Quote Link to comment Share on other sites More sharing options...
senger Posted December 5, 2011 Share Posted December 5, 2011 Demo account is but a similar version of the account is no doubt true that both accounts make you a successful trader in the Forex Quote Link to comment Share on other sites More sharing options...
budado Posted December 7, 2011 Share Posted December 7, 2011 Right now I like more to trade using free funds from bonuses if you join than from demo account. Because if you trade with free funds like 5 dollars bonus. You feel like trading money. Beside if you want to invest that how much you can afford also right? So its good to trade using bonuses. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted December 14, 2011 Share Posted December 14, 2011 Im starting to use the bonuses and have a real trade. Of course, i also dont mind if i loss on it since it is just bonus but it will gain some experience even losses have learn something and that will be able to know the money management. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted December 24, 2011 Share Posted December 24, 2011 Yeah, that's what good about posting in forex forums - traders do not really feel that bad whenever they lose the money they get from these forums. Because it did not really come from their pocket. And even if you lose, as riddick mentioned, you gained experience. Quote Link to comment Share on other sites More sharing options...
omostar Posted December 25, 2011 Share Posted December 25, 2011 Im starting to use the bonuses and have a real trade. Of course, i also dont mind if i loss on it since it is just bonus but it will gain some experience even losses have learn something and that will be able to know the money management. i perfectly agree it is generally better to trade with the money that you can afford to loose and if you gain then, splendid one can start to pile it up. Trading with a sum that is significant to you like borrowed money or a chunk of your life savings will only increase your anxiety and will make you feel really bitter and loose interest in forex. Because you will have the feeling that forex have ruined you. Quote Link to comment Share on other sites More sharing options...
budado Posted December 26, 2011 Share Posted December 26, 2011 Hopefully i can come up with my own strategy and not the strategy to others. Before i really ask them which the best strategy or the best way to have profit but when i apply it in demo seems i feel uncomfortable and not give profits. ha ha ha.. I know the feeling and its more frustrating when you trade in a demo account you earn money but when you try it in real account you loss money. lols. That's happen to me most of the time. Especially when I try to trade new strategy. Its really works and sound promising when I'm trading it in demo account but when I try to use it in real account its seems every thing I do is wrong. lols. Quote Link to comment Share on other sites More sharing options...
macky110 Posted December 29, 2011 Share Posted December 29, 2011 While trading in Demo account our mindset is to take decisions quickly since we do not have any fear to make loss but it is always different with real money, if we are new then we get scared of taking quick decisions in fear of losing money and once we lose we quit. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted December 31, 2011 Share Posted December 31, 2011 ha ha ha.. I know the feeling and its more frustrating when you trade in a demo account you earn money but when you try it in real account you loss money. lols. That's happen to me most of the time. Especially when I try to trade new strategy. Its really works and sound promising when I'm trading it in demo account but when I try to use it in real account its seems every thing I do is wrong. lols. Dont think that your strategy went wrong lol. We could just say that we have high probability to have good outcome in demo accounts rather than the real accounts. It is still involving lucky that we predict the trend correctly and based on our analyses. Quote Link to comment Share on other sites More sharing options...
kivanger Posted December 31, 2011 Share Posted December 31, 2011 but my friend said and who feel that using a demo account is not very attractive, I always get the advantages of using a demo account because I do not use emotion here and can think calmly but different things when using a real account the opposite can be said of the demo account Quote Link to comment Share on other sites More sharing options...
riddick09 Posted January 4, 2012 Share Posted January 4, 2012 That is why we should practice in demo as we can always be calm and when we are usually think of state of being calm then when it comes in real trading the occurrence of other emotion will not have much effect. We just like meditating and we clean other emotions and just focused on being calm so our strategies will work. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 6, 2012 Share Posted January 6, 2012 You were more likely won't feel any emotion in Demo account because it's nothing if you make loss and profit it's really nothing. But in Live account everything is real the risk that's why you should practice to be calm during trading don't risk what you can't afford to lose. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted January 7, 2012 Share Posted January 7, 2012 There are emotions. In demo account i think that slowly we become greedy or state of being greedy that seeing good profits in our trades and been able to put it in real trades. Same with too much confident in trades that not able to monitor well the trades when it comes to real trades. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 9, 2012 Share Posted January 9, 2012 I wish that I can channel my relaxed state in trading when I trade via a demo account to real trading. It is always better to be relaxed when doing things as you will not decide recklessly. But be cautious not get too relaxed as to be over-confident. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 10, 2012 Share Posted January 10, 2012 The emotions can be easily controlled when you will trade an amount which you can afford to lose! When you trade what you can't afford to lose for sure it is almost impossible to control your emotion. Quote Link to comment Share on other sites More sharing options...
indieover Posted January 12, 2012 Share Posted January 12, 2012 The emotions can be easily controlled when you will trade an amount which you can afford to lose! When you trade what you can't afford to lose for sure it is almost impossible to control your emotion. you are totally right. as long as you can aford to lose that amount you won't have any problem at all with your emotion. only the amount we are scared to lose that we get to lose our concentration in trading and our strategy that we tend to get affected by the loss emotionally. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 13, 2012 Share Posted January 13, 2012 It might not be a disadvantage if some amount of money will be considered as "safe" investment, a money which you can afford to lose. You might get too relaxed as you will not check and re-check your plan anymore. Quote Link to comment Share on other sites More sharing options...
budado Posted January 14, 2012 Share Posted January 14, 2012 In demo first and for most we have big amount of money. that means we can tolerate volatility. While when we have real account we have limited resources that we usually put SL to close to our trade price or else we will succumbed to MC. Right now I realize that I need like 1000 dollars just to have a safe trading. Because if we have less than that strategy don't works. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 14, 2012 Share Posted January 14, 2012 $1000 is a big capital. You wont get that from posting alone. Even if those forex forums give high rates, it will take about 5000 posts to reach and earn $1000. At 25 posts per day, it will take a poster 200 days or 6+ months to earn that amount. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted January 16, 2012 Share Posted January 16, 2012 Yes, we cant to that to have that capital just for posting in forums. I think budado wanted to trade on longer timeframe as we can easily determine it and we can distinguish even using demo and try with big capital. For sure it will be more profitable rather than having less deposit. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 17, 2012 Share Posted January 17, 2012 I am testing right now a strategy wherein I test a plan using a demo account and when I see that it s working, I put on real money in the market, immediately. I am not sure yet if this will work but I hope that this strategy of using both accounts will click. Quote Link to comment Share on other sites More sharing options...
luke1 Posted January 25, 2012 Share Posted January 25, 2012 Usually the result from the demo account and the real account is different and not the same. The demo account usually wins more than the real one. I think this is because of the emotion we carry. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted January 26, 2012 Share Posted January 26, 2012 Its because there some factors that affect when we start trading in real account so these factors should removed or avoid we trade in real accounts. That is why in demo we need to be more observant which factors will arise when we trade in real account. Quote Link to comment Share on other sites More sharing options...
rexway Posted January 27, 2012 Share Posted January 27, 2012 Yea both account are the same,but the onlything here is your inner mindset and the ability to react for real account that make s it seems different.... Quote Link to comment Share on other sites More sharing options...
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